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what is holding company?

Answer Posted / sarath babu

the company which has 51% of its investment in another
comany,and also acquires controlling right on the management
inthe invested company.the holding company can purchase up
to 51% of its assets .the holding company may paid minority
interest to the other investors (i.e, 49% of share holders)

Is This Answer Correct ?    96 Yes 17 No



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